In a significant move to reduce up-front housing costs, the Queensland government has passed new laws eliminating stamp duty for certain first home buyers purchasing new builds. The Revenue Legislation Amendment Bill, a key commitment of the government’s plan for a "fresh start for Queensland," aims to provide substantial cost-of-living relief. Officials estimate that approximately 3,000 first home...
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Australia government has pledged to ban foreign investors from purchasing existing homes in Australia for at least two years, aiming to reduce competition for prospective home buyers. However, the policy—first proposed by the Coalition last year—will affect less than 0.4% of the housing market, raising doubts about its overall impact. Key Details : Effective from: April 1, 2025, to...
Major Banks to Pass on Full Rate Cut 3:05 PM – Within 30 minutes of the RBA’s announcement, all four major banks have confirmed they will pass the full rate cut on to customers. NAB, Commonwealth, and ANZ will reduce their variable home loan rates by 0.25%, effective 28 February. Westpac will implement the same cut from 4 March. Treasurer Jim Chalmers: "Very Welcome...
澳洲政府收緊外國人購買現房及囤地政策 1） 禁止外國人購買澳洲現房 ✅ 禁令生效日期：2025年4月1日 至 2027年3月31日（為期兩年，之後可能延長） ✅ 適用對象：所有外國投資者，包括**海外留學生（臨時居民）**及外資企業 ✅ 政策變更：...
Buyer confidence is strengthening nationwide as anticipation builds for at least one interest rate cut in the first half of 2025. The latest Mortgage Choice Home Loan Report, released this week, indicates that the current interest-rate environment is boosting buyer confidence. Mortgage Choice Chief Executive Anthony Waldron stated that this renewed optimism is expected to drive increased...
A new residential estate has had to fast-track its land release due to overwhelming demand from buyers eager to secure a spot in this sought-after location. Balancing nature access with city proximity at an affordable price is rare, but the estate’s first release in November 2024 exceeded expectations. Developer SKF sold all 20 homesites in just three days, prompting an early second release of 28...
Demand for certain Brisbane suburbs is surging, with properties selling over three weeks faster in some areas compared to December 2023. According to PropTrack’s latest data, the national median days on market for December 2024 was 32 days for houses and 31 days for units—longer than the 28 and 27 days recorded the previous year. In Brisbane, selling times for both houses and units increased by...
As inflation stabilizes and economic conditions evolve, the question on everyone’s mind is whether interest rates, including those impacting Real Estate Australia (REA), will rise or drop in the coming months. For the first time since 2021, headline inflation has stayed within the Reserve Bank of Australia’s (RBA) target range of 2-3% for more than three months. According to the...
The property market is constantly evolving, and some of the most lucrative investment opportunities in 2025 are emerging in unexpected places. According to Terry Ryder, director of Hotspotting, the key to successful property investment lies in spotting trends early. “Many people wait until a location is labeled as ‘hot,’ but by then, prices are already inflated, and growth potential is...
Industry experts have identified Australia's most family-friendly suburbs poised for success in 2025, providing valuable insights for homebuyers focused on family-oriented living. New data from REA Group has highlighted the top 100 suburbs expected to thrive next year, selected by a panel of property experts based on factors such as affordability, lifestyle, and ongoing...